BTC Update: Consolidation Before the Breakout? đ
âBitcoin is currently testing a major psychological support level. Looking at the charts, we are seeing lower volatility, which usually precedes a massive move.
âKey Targets:
â Support: $65,500 (Must hold)
đ Resistance: $72,200 (Breakout zone)
âIf we flip the current resistance into support, the path to a new All-Time High looks very clear. Iâm also keeping a close eye on $SOL and $BNB as they show strong relative strength.
âWhatâs your prediction for the end of the week? Bullish or Bearish? đđ
â#bitcoin #TechnicalAnalysis #MarketUpdate #Write2Earn $BTC
âBitcoin is currently testing a major psychological support level. Looking at the charts, we are seeing lower volatility, which usually precedes a massive move.
âKey Targets:
â Support: $65,500 (Must hold)
đ Resistance: $72,200 (Breakout zone)
âIf we flip the current resistance into support, the path to a new All-Time High looks very clear. Iâm also keeping a close eye on $SOL and $BNB as they show strong relative strength.
âWhatâs your prediction for the end of the week? Bullish or Bearish? đđ
â#bitcoin #TechnicalAnalysis #MarketUpdate #Write2Earn $BTC